1. Cargo Insurance

Cargo insurance covers loss of damage to shipment during sea, air, land, rail or post transportation as a result of accidents or unforeseen circumstances. This kind of insurance is particularly essential for importers, exporters and international businesses.

There are 3 types of coverage which include

1. Institute Cargo Clause (C)
2. Institute Cargo Clause (B)
3. Institute Cargo Clause (A)

Details are shown in table below.

Insurance Coverage	Institute Cargo Clause
	(A)	(B)	(C)
Loss or damage to cargo due to
Fire
Explosion
Ship aground
Ship capsized
Ship overturn or crash
Transport of cargo to the port of refuge
Public liability or cargo is thrown into the ocean
Earthquake, Volcano eruption
Lightning
Cargo is washed from the ship to ocean, lake of water leakage to the ship
Damage due to water leakage or flood to container or cargo area
Total loss due to fall to the sea or during boarding the ship
Loss or damage to insured goods
Fire or explosion
Ship aground or capsize
Land transit clash or overturn or derail
Ship clash or contact other subjects
Transport of cargo to the port of refuge
Sacrifice in joint damage
Additional coverage (optional purchase)
Damage from rain or sea water
Package delivery not completed by the carriers
Damage by thieves and/or delivery not completed due to missing packages
Fracture, breakage and/or dents
Leakage or missing packages
Damage from hooks or nails
Damage from scratch or tear
Damage from oil stains, waxes or rubbing another goods
Damage from acid, mice or insects (due to insufficient ventilation), heat or self-spark
Contamination or contaminated by foreign matters

2. Hull Insurance

Insurance covers damages to any part of the ship whether it is made of steel or other materials. It also covers power generation units, heat and lighting units and conditioning units.

This type of insurance is very much suitable for import and export industry and owner of ships who deals with international trades.

3. Aviation Insurance

Insurance coverage geared specifically to the operation of aircraft and the risks involved in aviation. This kind of policy covers all risks of an aviation, public liability, personal accident for crew members/management, loss of aviation licenses, war risk insurance, ground risk hull insurance not in motion, etc.

4. Inland Transit Insurance

This type of insurance is designed to provide suitable coverage and offer adequate indemnity for cargo / goods carried through inland transport and transit. It covers the insured cargo against total loss / partial loss / and related expenses whilst the goods are in Inland Transit, or other accidents not specified in the exclusions clauses.